Paulson, Balestra, Moore funds end 2008 in the black

Fri Jan 16, 2009




It's official: Year-end results now trickling in prove 2008 to be the worst ever for hedge funds. And yet, in a year when long/short U.S. equity funds lost 14.4% and less than one-third of the U.S. strategies tracked by HedgeFund Intelligence were in the black, several funds stand out for remarkable gains.

John Paulson's Paulson & Co. reported positive results across its strategies....

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